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Company Registration No. 08590259 (England and Wales)
D.I.C.E Resources Ltd Unaudited accounts for the year ended 30 June 2023
D.I.C.E Resources Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
29,439 
55,559 
Cash at bank and in hand
3,238 
278 
32,677 
55,837 
Creditors: amounts falling due within one year
(26,039)
(44,290)
Net current assets
6,638 
11,547 
Total assets less current liabilities
6,638 
11,547 
Creditors: amounts falling due after more than one year
(1,667)
- 
Net assets
4,971 
11,547 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,871 
11,447 
Shareholders' funds
4,971 
11,547 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by
Andrew Colley Director Company Registration No. 08590259
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D.I.C.E Resources Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
D.I.C.E Resources Ltd is a private company, limited by shares, registered in England and Wales, registration number 08590259. The registered office is 28 High Street, Bidford-on-Avon, Alcester, West Midlands, B50 4AA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. The useful economic life is 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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D.I.C.E Resources Ltd Notes to the Accounts for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
10,000 
At 30 June 2023
10,000 
Amortisation
At 1 July 2022
10,000 
At 30 June 2023
10,000 
Net book value
At 30 June 2023
- 
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2022
9,252 
At 30 June 2023
9,252 
Depreciation
At 1 July 2022
9,252 
At 30 June 2023
9,252 
Net book value
At 30 June 2023
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
(2,015)
12,996 
Accrued income and prepayments
558 
- 
Other debtors
30,896 
42,563 
29,439 
55,559 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,035 
4,543 
VAT
148 
7,083 
Trade creditors
1,971 
2,142 
Taxes and social security
11,003 
17,981 
Other creditors
3,471 
11,366 
Accruals
1,411 
1,175 
26,039 
44,290 
- 4 -
D.I.C.E Resources Ltd Notes to the Accounts for the year ended 30 June 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,667 
- 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Kellie Bowen-Colley
Interest charged on beneficial loan
8,177 
- 
2,781 
5,396 
Andrew Colley
Interest charged on beneficial loan
8,178 
- 
2,781 
5,396 
16,355 
- 
5,562 
10,792 
Interest at the official rate of 2.0% (2022: 2.0%) was charged on the loan. The maximum amount outstanding during the year was £46,384. The loan is repayable on demand.
11
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 5 -